MetroCity Price Earnings Ratio from 2010 to 2024

MCBS Stock  USD 34.64  0.57  1.67%   
MetroCity Bankshares Price Earnings Ratio yearly trend continues to be comparatively stable with very little volatility. Price Earnings Ratio will likely drop to 8.66 in 2024. From the period from 2010 to 2024, MetroCity Bankshares Price Earnings Ratio quarterly data regression had r-value of (0.22) and coefficient of variation of  22.29. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
11.73029752
Current Value
8.66
Quarterly Volatility
2.4404227
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MetroCity Bankshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MetroCity Bankshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Total Revenue of 79.7 M or Gross Profit of 221.6 M, as well as many indicators such as Price To Sales Ratio of 4.81, Dividend Yield of 0.0158 or PTB Ratio of 2.29. MetroCity financial statements analysis is a perfect complement when working with MetroCity Bankshares Valuation or Volatility modules.
  
Check out the analysis of MetroCity Bankshares Correlation against competitors.
For more information on how to buy MetroCity Stock please use our How to Invest in MetroCity Bankshares guide.

Latest MetroCity Bankshares' Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of MetroCity Bankshares over the last few years. It is MetroCity Bankshares' Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MetroCity Bankshares' overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Pretty Stable
   Price Earnings Ratio   
       Timeline  

MetroCity Price Earnings Ratio Regression Statistics

Arithmetic Mean10.95
Geometric Mean10.71
Coefficient Of Variation22.29
Mean Deviation1.87
Median11.41
Standard Deviation2.44
Sample Variance5.96
Range10.0956
R-Value(0.22)
Mean Square Error6.10
R-Squared0.05
Significance0.43
Slope(0.12)
Total Sum of Squares83.38

MetroCity Price Earnings Ratio History

2024 8.66
2023 11.73
2022 8.78
2021 11.41
2019 9.61
2018 17.11
2017 12.8

About MetroCity Bankshares Financial Statements

MetroCity Bankshares shareholders use historical fundamental indicators, such as Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although MetroCity Bankshares investors may analyze each financial statement separately, they are all interrelated. The changes in MetroCity Bankshares' assets and liabilities, for example, are also reflected in the revenues and expenses on on MetroCity Bankshares' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Earnings Ratio 11.73  8.66 

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Additional Tools for MetroCity Stock Analysis

When running MetroCity Bankshares' price analysis, check to measure MetroCity Bankshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MetroCity Bankshares is operating at the current time. Most of MetroCity Bankshares' value examination focuses on studying past and present price action to predict the probability of MetroCity Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetroCity Bankshares' price. Additionally, you may evaluate how the addition of MetroCity Bankshares to your portfolios can decrease your overall portfolio volatility.